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Search Results 0 to 25 of about 26 (some duplicates have been removed)
it. obama has also said investing as a synonym for spending. investing has to be investing. >> if we can't get behind a no-brainer like this, a public/private infrastructure bank, we have a real problem. this is leveraging, private capit capital, should be a no-brainer and it's ridiculous that it's continue tended where the rubber meets the road. >> a no-brainer no matter what side you're on. christy thanks you so much. margaret and john, stop playing footsie. one man, two skis, multiple falls. richard quest is fresh off the bunny slope. ♪ my friends are al ♪ my friends, they do surround me ♪ ♪ i hope this never ends ♪ and we'll be the best of friends ♪ ♪ all set? all set. [ male announcer ] introducing the reimagined 2013 chevrolet traverse, with spacious seating for up to eight. imagine that. >>> all right. richard quest joins me now. he is the host of "quest means business" on cnn international. a perennial all-star in davos. richard, give our viewers a look at what this place, davos, and the world economic forum is really like. where in world are we? davos is europe
to increase automatically. president obama wants to spend more on education. that's tough. so these cuts go into effect, but they might find very quickly that it's very difficult to actually implement them. >> last thing here to you, chris, we're hearing about a couple of senators not going to be -- not going to seek re-election. talking about harkin, saxby chambliss. chambliss cited the gridlock in washington as part of the reason him wanting to step away. get your reaction to both of these men not seeking re-election. and also what are your thoughts on chambliss actually citing what's happening in washington as part of the reason for him wanting to get out of there? >> i think what we're seeing right now is a generational change in washington. chambliss and harkin and guys like that are part of that change. and it's interesting particularly in chambliss's case as you point out he does cite the partisan gridlock. but he's also part of that old republican guard. he's very close friends with house speaker john boehner for example. i think you're going to see as the republican party changes s
the republicans, the other side the democrats. and i must say, post-election, president obama has become more election. it's wider. and they don't agree about military spending. they don't agree about what taxation should be, on and on and on. gun control. they don't agree. and on the other hand, you know, we have this sort of slow economy that makes it more difficult to cut a deal. and i should add to that a constitutional crisis, in a way, because this whole debt ceiling has been a weapon that the house of representatives has used to gain power. it's not just the republicans versus the democrats. it's the house versus the president. >> meanwhile, these markets are on fire. another good week for the market. the s&p 500 hitting a new five-year high. what is driving stocks? and do you think it's sustainable for the year? some of the risk has been pulled out of the of the market. so the most recent is three months. some of the ris ks. and maybe just that the election isn't determined. maybe some are happy. some are, some aren't. but it's solved. markets don't like uncertainty. so even though it
't really spend on campaigning in those areas. last fall you cannot turn on the tv in virginia without seeing ads. especially when the -- especially when the obama ads were better than the romney ads. it was weird when you go to visit people in new york or los angeles. they are not actually experiencing the campaign. if you went to a congressional district, then you would go fight in california, because republicans could win 20 out the hobbi54. i'm normally reluctant to tamper with these long standing institutions and practices, but there might be case in this instance for at least. thinking least. host: your comments on speaker boehner, a first one to go to danny joining us on the democratic line. good morning. caller: hello. you put harry reid on the cover. if you look up the words chicken hawk and neocon, there's a picture of bill kristol. the only people who were surprised that president obama won the election were fox news viewers. host: thanks for the call. guest: i was not surprised. i thought romney had a chance, and he was all a little short at the end. if the viewer does not
obama is calling for. the red is where spending is going. spending is the problem, revenues are not the problem. if you keep chasing them they will hurt economic growth, shut down the economy and won't get the budget balanced. >> what i heard the president say was programs like social security and medicare and med aid critically important for our future and we need to have a bipartisan commitment to make them work. bob and i have been in a lot of meetings talking about deficit reduction. we need reform in the programs that mean they will live on to serve future generations. that's the message i took from the president. >> referring to bob corker to the left of the screen. the president has a full plate. not just the budget but the issue of guns, and this week he heads to las vegas for a speech about overhauling immigration. so the second term is already kicking off with plenty on his plate. >> all right. peter alexander, white house correspondent, thank you so much. >>> we want to turn now to our discussion this morning. bring in a reporter for "politico," anna -- and perry
and connecticut. the 36 republicans who voted against it wanted $50 billion in spending cuts somewhere else to keep from this bill adding to the national debt. president obama said he will indeed sign the bill. >>> the president is also asking three communities affected by mass shootings to help convince congress to pass some new gun corol legislation. the president and members of his cabinet met month with police chiefs in aurora, colorado, oak creek, wisconsin and newtown, connecticut. the president said that no group is more important than law enforcement when it comes to the gun control phase. >>> time right now is 6:05. i'm watching your money. wall street will be watching at the federal reserve begins a two-day meeting here in d.c. at the fed's previous meeting, policymakers promised to keep interest rates near record lows till the unemployment rate falls below 6.5%. it's currently at 7.8%. unfriday the government is scheduled to release the january unemployment report. >>> yahoo reported profits and sales which beat wall street estimates. this is the first quarter under the c.e.o. ma
. madam president, the american people are asking when are we going to turn to the spending side of the equation. president obama talked all through the campaign of balance. well, we've had the tax increases. now we're having the debt increases. when are we going to have any new spending cuts? this would at least start in a modest way reasonable spending cuts. thank you, madam president. the presiding officer: would the senator call up his motion. mr. vitter: yes, madam president. i call up the motion to commit. the presiding officer: the clerk will report. the clerk: the senator from louisiana, mr. vitter, moves to commit the bill, h.r. 325, to the -- mr. vitter: madam president, i ask to waive reading of the whole. the presiding officer: without objection. mr. baucus: madam president? the presiding officer: the senator from montana. mr. baucus: madam president, we've -- we've essentially already voted on this. this is very similar to the portman amendment which lost by a vote of 54-44. this approach was rejected by the house of representatives when the speaker sent over his deb
reported that -- a few weeks ago president obama reportedly said that america doesn't have a spending problem. this is completely at odds with what independent experts tell us and what is perfectly apparent to anybody who is alert. and last week i brought this chart behind me to the floor to illustrate the point. as everyone knows, we're running trillion-dollar annual deficits. what this chart shows is the gap between government spending and revenue just keeps getting wider and wider and wider. so let's take a look at it. the occupant of the chair is relatively new to the senate, but not new to the facts. the green area here represents both historic and projected tax revenue. the blue area here, the dark blue area, as you can see, really kind of flat line flatlit here to 2014, is the new revenue that the president got at the end of the new year as a result of the law. the tax rates sunsetted, expired at midnight on new year's eve. the congress then wisely continued the current tax rates for 99% of americans, made those rates permanent so you wouldn't have another event like new year's
income, and spending is obvious because a surreal driver of our deficits and our debt. spending is the reason that we're up against the $16.2 trillion debt limit. spending was the reason that congress and president obama raised the debt ceiling by $2.1 trillion just a year and a half ago. now, in 2006, the junior senator from illinois, senator obama, came to the floor, made a very passionate and thoughtful statement here on the senate floor in opposition to raising the debt limit. many of the reasons that he gave then are relevant today. in fact, they are even more appropriate because the national debt is much, much higher. and we have a fiscal mess. it's instructive for my colleagues to hear the words straight from then-senator obama. he delivered these remarks on march 16, 2006. at that time the senate was debating raising the debt limit by $781 billion to a new limit then that seems very small today, about half what it is today, raising the limit of 2006 to $8.9 trillion. so i thought it would be worth for the president's benefit as well as our benefit to go over what then-se
. a boost for the economy without the government spending a dime, getting closer. 53 senators, including nine departments wrote to president obama urging him to approve the pipeline bringing canada's oil to america. a big natural gas company opens books on fracking to the epa. the end result could be a lot more american natural gas production. think about that. jobs, cheap, reliable energy moving forward and a democrat senator pushing for it will join us in minutes. ♪ all right. as i said a moment ago, we'll be joined by one of the democrat senators who signed that letter to president obama urging approval of the keystone pipeline. he will be here ten past ten eastern this morning, this program. to the big board, close to an all-time record high. the dow is now at 13,834 #, up 55 points. to nicole, apple's numbers disappoint, and, boy, is that stock taking a downturn, go. >> oh, big time, down almost 10% right now at $463. out all the people who paid $700 for apple with high hopes of the iphone 5 and apple tv and the next latest product to see it disappoint. >> the soft story of the da
of it is spending on those of the highest levels spend a smaller percentage of their income to live and have the advantage of a tax system created for this advantage. during the debates with romney and obama, he mentioned that they were going to be just fine because obama was the champion of the koran the middle class and romney is the champion of the upper class. those investors are going to save the country. the point made by obama is that they were going to be just fine. i guess, where the way the tax structure have set up, they can get down to 10% because they can get tax is done because of corporations and the whole ball of wax. the other taxes considered by patrick included a gas tax and a toll increase on the pike. insurance pay the tolls and pay the gap. the rich people and the higher- income people will not be paying this tax at the same percentage. host: let's take a look at some of the details you hinted that. the associated press says he wants to hide to the income-tax from 5.25% up to 6.25% while eliminating itemize deductions. he is calling for reducing the sales tax from 6.25%
battles between president obama and republicans are mostly budget focused. on march 1 one month from this friday sequester cuts kick in. it is $1.2 trillion. those are cuts to military and discretionary spending. paul ryan says don't expect a last minute deal or any deal at all. >> i think the sequester is going to happen because that $1.2 trillion in spending cuts we can't lose those. >> joining me now lynn sweet and david who covers the white house for the washington post. good sunday to both of you. let's start with the claim from paul ryan. $1.2 trillion in cuts said to take effect march 1. paul ryan indicating this time there will be no 11th hour deal. >> it is just a bargain position and it is not going to necessarily unfold that way. there are no absolute right now. it is early in yet another chapter of the on going rangles we have been having. so i would put no more into it. it is a prediction and i don't think either side has anything to gain. remember the virginia economy, a lot of places very dependent on defense and other industries, neither side will look good if they ca
think the republicans should spend less time complaining about president obama and his intentions and more time to thinking about what they can solve and where they can work with him and where they really can fight and should fight him and really try to do some good for the country by mitigating the damage he is doing. and where they cannot mitigate the damage, they can set a fire say we are confident the public will see the failure of president obama's policies and we will get a real alternative. host: this tweet -- jeb bush of florida has this in the wall street journal this morning on solving the immigration puzzle. jeb bush says there is no line. guest: i would be with him. and i thought that romney's attacks on rick perry and newt gingrich were not fair on immigration. mitt romney was supposed to be the moderate candidate and rick perry was the right-winger. rick perry was the one who was more forward-looking and more liberal on immigration, which would have served the party better. romney by pandering to what he thought or parts of the republican base on immigration. when he
elections, sometimes you lose elections. and i worked very hard, but i lost. and then president obama asked me to be secretary of state. and i said yes. why did he ask me? and why did i say yes? because we both love our country. >> clinton is expected to spend this last week in washington. no more trips, but i mean, come on, she already set the record for most countries visited by a secretary of state. she topped the 100 mark last july. >>> all right. you have to admit, it seemed like an odd pairing at the beginning, obama and clinton. many wondered whether their partnership would implode in a public way. but they, instead, became trusted friends. >> reporter: barack obama and hillary clinton have faced questions together before. here in a 2008 presidential debate with cnn's wolf blitzer. >> i don't want to end the war, i want to end the mind set that got us into war in the first place. that's the kind of leadership i intend to provide as president of the united states. >> and, of course -- >> senator clinton, that's a clear swipe at you. >> really? >> back then, it was a very different rel
is another issue. >> these are big and complex topics and we could spend more time but unfortunately we are out. thanks to both of you for being with us. >> thank you. >> tomorrow on washington journal we'll talk about president obama's use of executive power. then a look at climate change on legislation and congress. and later a discussion about dop mat i can security worldwide with former interior to algeria ronald knewman. >> we've created a platform that we call digital health feedback system. and the main components of that platform are a sensor you swallow. it sends information to a wearable patch on your torso that collects information about the medicines you swallow and your heart rate and sleep,temperature, a lot of things what we call a panel of fiss logical and it commune indicates with a blue tooth phone you carry and it can help you manage your own health. >> i think we're at an inflection point. we've had all these incrementle amazing changes over the last five years and now we're poised to make great leeps in these complex disease. our understanding of cancer the last fiv
't touch. this political negligence suggests that obama has chosen to ignore negative budget projections, credit downgrades, falling revenues and perpetual increases in mandatory spending. instead, the president is teeing up partisan legislative battles with republicans in hopes of -- but as a measurement of the president's seriousness, his second inaugural address can only be seen as a grand failure that missed yet another historic opportunity to call americans together in the name of shared sacrifice. and richard haass, there is another opportunity, which would be the state of the union which i'm sort of banking on. >> traditionally inaugurals are the poetry, and then the state of the union becomes the prose. and the president did not prepare for educate the american people about some of the tough decisions to come, particularly on medicare and medicaid. so the real question going forward for the state of the union is whether he essentially addresses that. and whether he -- because we've still got more than, i think, more than $2 trillion in serious cuts to be made to entitlements over
] >> it's humbling to be here before you in this new role as president obama's nominee for secretary of state. but my approach to this role, if confirmed, is also deeply informed by the 28-plus years that i have been privileged to spend in the senate. that percent specht tiff will remain with me if confirmed as secretary. and i'm already excited by the many ways that we can work together, and in which we must work together in order to advance america's security interests in a complicated and ever more dangerous world. i would add that i'm particularly aware that in many ways the greatest challenge to america's foreign policy will be in your hands, not mine, because while it's often said that we can't be strong at home if we're not strong in the world, in these days of fiscal crisis, and as a recovering member of the super committee, i am especially cognizant of the fact that we can't be strong in the world unless we're strong at home. and the first priority of business, which will affect my credibility as a diplomat, and our credibility as a nation, as we work to help other countries
affirmative done is going to come from those leverage points he cuts president obama has indicated, sadly, he has no interest in being bill clinton, tacking to the middle, compromising with anybody. the only way we are going to restrain the out-of-control spending and that that is threatening our future is to use the leverage points to force real solutions. so, that is the short-term. what about the long-term? what about strategically? or as "saturday night live would -- saturday night live" would put it, what about "strat egery." why did we lose in 2012? margaret thatcher said first you win the argument, then you win the vote. we did not win the argument. long-term, we have to win the argument, and i will suggest to words every republican in this country should have tattooed on their forearm to read in any speech -- growth and opportunity. let's talk about them one at a time. world -- growth -- there was a time when republicans were unabashedly the party of growth. we need to return to that. you know, since world war ii, our economy has grown an average of 3.3%. under barack obama in the las
you in this new role as president obama's nominee as secretary of state. but my approach to this role, if confirmed, is deeply informed but the 28-plus years i've been privileged to spend in the senate. that perspective will remain with me if confirmed as secretary, and i'm already excited by the many ways we can work together and in which we must work together in order to advance america's security interests in a complicated and ever more dangerous world. i would add that i am particularly aware that in many ways, the greatest challenge to america's foreign policy will be in your hands, not mine. while it is often said that we cannot be strong at home if we are not strong in the world, these days of fiscal crisis, and as a recovering member of the super committee, i am especially cognizant of the fact that we cannot be strong in the world unless we are strong at home. the first priority of business, which will affect my credibility as a diplomat and our credibility as a nation, as we work to help other countries create order, the first priority will be that america at last put its ow
Search Results 0 to 25 of about 26 (some duplicates have been removed)